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Annie彧 · 2023年08月19日

Distressed and reorganize 到底应该是长期还是短期投资呢?

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NO.PZ202207040100000303

问题如下:

In the analysts’ discussion about Fund B’s potential investments, the point that is most accurate relates to:

选项:

A.reorganization opportunities. B.positions in distressed companies. C.acquisitions in a consolidating industry.

解释:

Solution

C is correct. Fund B fund seeks to profit from the market inefficiencies that may arise as a result of corporate events. It can hold either long or short positions in the acquiring and target companies as appropriate to produce a profitable position. This would be true even in consolidating industries as long as it believed that a market inefficiency existed.

A is incorrect. Fund B fund seeks to profit from the market inefficiencies that may arise as a result of corporate events. Investing in reorganizations requires skill and expertise but normally involves a long-term investment horizon, which is inconsistent with Fund B’s strategy.

B is incorrect. Fund B fund seeks to profit from the market inefficiencies that may arise as a result of corporate events. A control position in a distressed company would normally involve a long-term investment horizon, which is inconsistent with Fund B’s strategy.

我理解的应该是Distressed and reorganize 应该是长期投资的,但是题目中FundB是投资并购,所以应该是短期机会的,所以Distressed and reorganize 在这里不选。这样理解对吗?

1 个答案

笛子_品职助教 · 2023年08月20日

嗨,从没放弃的小努力你好:


这样理解正确。本题解析也是这么理解的。

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

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